At present, industrial funds are basically limited partnerships. According to the relevant laws and regulations of limited partnership, the promoter should be the general partner who carries out the partnership affairs. According to the relevant laws and regulations, unless otherwise agreed in the partnership agreement or agreed by all partners, the partners may not conduct transactions with the partnership.

Whether the industrial fund can invest in the enterprise in the name of the promoters depends on whether such investment is stipulated in the articles of association of the industrial fund. If there is no agreement, according to the relevant laws and regulations, no investment shall be made in the name of the promoters. If a partner violates the regulations and deals with the partnership, the proceeds shall be owned by the partnership. If losses are caused to the partnership or other partners, they shall be liable for compensation according to law.